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India recorded cryptocurrency transactions worth ₹51,000 crore in the financial year 2024-25, generating tax revenues of ₹511.8 crore.

Despite the surge in volumes, cryptocurrencies and other blockchain-based digital assets remain largely unregulated in the country.

Ahead of the FY27 Budget, industry leaders have called for clear and consistent regulations, stating that it would unlock innovation and boost investor confidence.

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